Ripple CEO Brad Garlinghouse sees a bright future for XRP due to U.S. crypto reserve plans and regulatory breakthroughs.
U.S. Crypto Reserve and XRP
Brad Garlinghouse, Ripple's CEO, expressed optimism about XRP's future in a Bloomberg interview. He mentioned the potential inclusion of XRP in the U.S. national crypto reserve. President Donald Trump stated on Truth Social that this reserve would include major cryptocurrencies like Bitcoin, Ethereum, XRP, Solana, and Cardano. According to Garlinghouse, the national crypto reserve will include cryptocurrencies seized by law enforcement, potentially benefiting XRP.
Expectations for XRP ETF
Garlinghouse is confident about the imminent approval of XRP ETFs, referencing 11 filings pending with the SEC. He predicts that such ETFs might launch in the latter half of the year, stimulated by growing investor interest and favorable regulatory changes.
SEC Drops Appeal Against Ripple
Adding momentum to XRP’s progress, the SEC recently dropped its appeal against Ripple, marking a significant victory for the company. This resolution of a long-standing legal battle could enhance XRP’s market perception and strengthen institutional confidence.
Garlinghouse believes these developments will strengthen XRP’s position in the crypto market, marking a shift from regulatory hostility to support for crypto innovation, potentially signaling a new chapter for Ripple.